CM Energy Tech Discloses DSCV Lichtenstein Profitability Ahead of Major Connected Acquisition

Bulletin Express

May 26

CM Energy Tech Co., Ltd. released a supplemental announcement on 26 May 2026 detailing the financial performance of the diving support construction vessel “DSCV Lichtenstein,” which it proposes to acquire in a major and connected transaction first announced on 12 May 2026.

For the year ended 31 December 2025, the vessel generated profit before tax of USD 11.57 million and profit after tax of USD 11.71 million. In contrast, the vessel recorded a loss before and after tax of USD 1.55 million for the year ended 31 December 2024.

The seller originally acquired the vessel, delivered in June 2017, for approximately USD 110.80 million.

The transaction remains subject to shareholder approval and other relevant procedures as outlined in the initial announcement.

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